KelvinShamKaiMan

(EP #64) Kelvin Trade Ideas - USDJPY Bat Pattern 2020-03-19

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
A bearish bat pattern is almost complete in four hour chart, it provides a potential reversal level from 109.750 to 109.440. Because the market created a clear bullish channel recently, so If I wanna short the market later, the first request is the market breaks the channel. I will wait for the market to give me the confirmation signals, then I will decide should I short the market.

Please follow me if you want to know my trade ideas!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.